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deucher

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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

deucher
deucherActive Contributor
Asked: April 18, 2024In: Money & Business

Diversification as stability in investing?

Everyone who invests in the stock market understands the importance of devirtification, and not only such people, but also any people who earn money thanks to investments know that in this way they can protect their funds from losses. I ...Read more

Everyone who invests in the stock market understands the importance of devirtification, and not only such people, but also any people who earn money thanks to investments know that in this way they can protect their funds from losses. I consider it correct to say that de-diversification is stability because in such a case people may not worry about the loss of some assets and for them it will seem like a stable profit. Do you agree with this statement?

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deucher
deucherActive Contributor
Asked: April 18, 2024In: Money & Business

The importance of long-term investing?

I am not that experienced in the topic of investing in the stock market, but I understand how important this term is to many investors. However, I wonder if most people understand how important this is to every investor’s bottom ...Read more

I am not that experienced in the topic of investing in the stock market, but I understand how important this term is to many investors. However, I wonder if most people understand how important this is to every investor’s bottom line. I hear from all famous bloggers that they talk about this way of investing and then everyone will be profitable, but I still see how many people lose money in the stock market

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  1. Lash
    Lash Knowledge Seeker
    Added an answer on September 3, 2025 at 12:36 pm

    Long term investment is very important as it tackles problem that will arise in future and having invested for the future you can just concentrate on the present Another importance of long term investment is especially when you invest at a very young age is as you grow older and most likely get marrRead more

    Long term investment is very important as it tackles problem that will arise in future and having invested for the future you can just concentrate on the present
    Another importance of long term investment is especially when you invest at a very young age is as you grow older and most likely get married and have children financial responsibilities increase and at that point your long term investment can go a long way in discharging your responsibilities

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deucher
deucherActive Contributor
Asked: April 18, 2024In: Money & Business

How to prevent volatility losses?

In the stock market there are very strong price fluctuations, but it is definitely not as serious as in the cryptocurrency market, but still many people lose money precisely because of this. What I remember most is the period when ...Read more

In the stock market there are very strong price fluctuations, but it is definitely not as serious as in the cryptocurrency market, but still many people lose money precisely because of this. What I remember most is the period when the share prices of Chinese companies fell sharply, and at that time no one could even predict such a thing, and a lot of newcomers not only lost money, but they still haven’t recovered their positions. Can it be predicted in any way?

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  1. Avarose
    Avarose Enlightened Mentor
    Added an answer on August 24, 2025 at 2:36 am

    Volatility can be really unpredictable, especially in crypto and stock markets. To avoid big losses, it’s important not to panic when prices swing. Instead, have a clear plan, spread your investments across different assets, and don’t put all your money in one risky place. Using stop-loss orders canRead more

    Volatility can be really unpredictable, especially in crypto and stock markets. To avoid big losses, it’s important not to panic when prices swing. Instead, have a clear plan, spread your investments across different assets, and don’t put all your money in one risky place. Using stop-loss orders can help limit how much you lose. You can’t always see crashes coming, but staying calm, learning as much as you can, and being patient can help you ride out the ups and downs without wiping out your money.

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deucher
deucherActive Contributor
Asked: April 18, 2024In: Money & Business

Is it possible to create a portfolio of only dividend stocks?

I think that people who have been investing in shares for a long time understand all the pros and cons of this, but I am not so much into it, and for me the question is whether it will be ...Read more

I think that people who have been investing in shares for a long time understand all the pros and cons of this, but I am not so much into it, and for me the question is whether it will be profitable to buy only dividend shares and will it contribute to the rapid growth of our assets? I understand that many such shares are not so successful, but it seems to me that due to the fact that we will receive dividends, it can be more profitable than shares of large and stable companies?

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  1. raaman
    raaman Expert Mind A blogger and a writer interested in learning.
    Added an answer on July 27, 2024 at 7:02 am

    It is possible to build a portfolio of only dividend stocks. This can help you with regular income and possibility for long-term growth. By focusing on high quality dividend paying stocks with strong fundamentals and constant track records of dividend payments, you can build a diversified portfolioRead more

    It is possible to build a portfolio of only dividend stocks. This can help you with regular income and possibility for long-term growth. By focusing on high quality dividend paying stocks with strong fundamentals and constant track records of dividend payments, you can build a diversified portfolio that creates passive income and outperforms the market.

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deucher
deucherActive Contributor
Asked: April 18, 2024In: Insurance, Money & Business

How important is travel insurance?

In my opinion, many people do not pay enough attention to this because they perceive it only as an unnecessary expenditure of money, so I think that it is necessary to popularize it more because many people may find themselves ...Read more

In my opinion, many people do not pay enough attention to this because they perceive it only as an unnecessary expenditure of money, so I think that it is necessary to popularize it more because many people may find themselves in a difficult situation outside their country and they will not be able to get proper help and also will not always be able to pay for it. In my opinion, there is no need to save money on travel insurance

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deucher
deucherActive Contributor
Asked: April 17, 2024In: Insurance, Money & Business

Have you had an accident with someone who didn't have insurance?

There are cases when accidents happen due to our fault and we have to pay for repairs to another participant, but those who have insurance can count on partial coverage of costs, but if they don’t have it, then you ...Read more

There are cases when accidents happen due to our fault and we have to pay for repairs to another participant, but those who have insurance can count on partial coverage of costs, but if they don’t have it, then you have to pay the entire amount and it can be very expensive. How should you act in such a case, because if he does not have insurance, then he also broke the rules because in my country insurance is mandatory and does this mean that you can not pay him for repairs?

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deucher
deucherActive Contributor
Asked: April 17, 2024In: Insurance, Money & Business

How is uber worker insurance different?

I worked in a taxi for a short time, but then I did not change anything in my insurance, but I was forbidden to work like that and if I got into a traffic accident, I would not be paid, ...Read more

I worked in a taxi for a short time, but then I did not change anything in my insurance, but I was forbidden to work like that and if I got into a traffic accident, I would not be paid, but I know that people who work for a very long time, they take out a much different insurance, which is definitely more expensive and also much different conditions, but they have no other choice because otherwise they could not get the right to work in Uber

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deucher
deucherActive Contributor
Asked: April 17, 2024In: Insurance, Money & Business

Have you been denied auto insurance because no experience?

I didn’t have this, but I heard from acquaintances cases when young people were refused insurance because they had no experience driving a car and the company understood that such people have a much higher risk of getting into a ...Read more

I didn’t have this, but I heard from acquaintances cases when young people were refused insurance because they had no experience driving a car and the company understood that such people have a much higher risk of getting into a transport accident. In my opinion, this is not fair, but such cases were not frequent and only little-known companies did this, which were not ready to pay out funds and only wanted to make money, and I think they have ceased to exist by this time.

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  1. Lens
    Lens Knowledge Seeker
    Added an answer on April 17, 2024 at 1:43 pm

    To be perfectly honest,  the lack experience in the insurance domain can indeed be a factor that could contribute to being denied of the auto insurance. It's worth mentioning that the insurance companies would always want to assess the risk on the insurance policies based on certain factors. As someRead more

    To be perfectly honest,  the lack experience in the insurance domain can indeed be a factor that could contribute to being denied of the auto insurance. It’s worth mentioning that the insurance companies would always want to assess the risk on the insurance policies based on certain factors. As someone who has been there, I can say all the frustration that this can cause because experience is highly needed for insurance policies.

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deucher
deucherActive Contributor
Asked: April 17, 2024In: Insurance, Money & Business

How often do insurance companies avoid paying out?

I had a case when I had a road accident in which it was not my fault, but the damage to the car was not very serious, although I had insurance, this company refused to pay me the amount of ...Read more

I had a case when I had a road accident in which it was not my fault, but the damage to the car was not very serious, although I had insurance, this company refused to pay me the amount of 1000 dollars, which was not so much. I argued for a long time and visited various authorities in order to prove myself right, but in the end they still did not pay me and I only wasted my time and of course I terminated the contract with them

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  1. spencer
    spencer Enlightened Mentor
    Added an answer on July 6, 2025 at 2:46 pm

    It's a criminal offence for an insurance company not to pay out to clients, you can take it up to a court of law or hire a lawyer to get your payout, that's why it's super impornat to carry out a due diligence when you're selecting an insurance company. It will help you avoid these kind of situationRead more

    It’s a criminal offence for an insurance company not to pay out to clients, you can take it up to a court of law or hire a lawyer to get your payout, that’s why it’s super impornat to carry out a due diligence when you’re selecting an insurance company.

    It will help you avoid these kind of situations, there are a lot of insurance that has been around for years, they’re the best to go for.

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deucher
deucherActive Contributor
Asked: April 17, 2024In: Insurance, Money & Business

Is it possible to make health insurance free in your country?

Health insurance is not very cheap, and as far as I know, it is not free in many countries, because there is no benefit for the country, but I think that if there was a desire to do something better ...Read more

Health insurance is not very cheap, and as far as I know, it is not free in many countries, because there is no benefit for the country, but I think that if there was a desire to do something better for their country, then more developed countries could do it. In my country, treatment in public hospitals is free, but not in all cases, but only for mild diseases that do not require expensive drugs. However, I do not think that one day all this will become free

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  1. Lens
    Lens Knowledge Seeker
    Added an answer on April 17, 2024 at 1:24 pm

    To be perfectly honest,  making health insurance free in any kind of country might not be a viable option because it is very complex and there are so many factors to consider as well. It is worth mentioning that the idea of free health insurance is very ideal, but we should k ow that there are signiRead more

    To be perfectly honest,  making health insurance free in any kind of country might not be a viable option because it is very complex and there are so many factors to consider as well. It is worth mentioning that the idea of free health insurance is very ideal, but we should k ow that there are significant challenges attached and there are so many implications to address as well.

     

    “From my perspective, ensuring access to quality healthcare for all citizens

    is a

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